Politics

Senate Passes Key Tax Reform Bills, Marks Milestone in Nigeria’s Tax Legislation

The Nigerian Senate has successfully passed the remaining two key tax reform bills—the Joint Revenue Board Establishment Bill 2025 and the Nigeria Tax Bill 2025—after detailed clause-by-clause review during the Committee of the Whole and subsequent third reading on the Senate floor.

Senate President Godswill Akpabio announced that he also constituted a conference committee to ensure the harmonization of the process. He emphasized that this development represents a historic milestone, as Nigeria will now have a set of modernized tax laws for the first time in the country’s history.

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